Business News

Indonesia Ranks Third Globally in the Islamic Economy

Indonesia has strengthened its global standing in the Islamic economy, securing third place in the State of the Global Islamic Economy Report 2024–2025. The recognition reflects the nation’s ongoing efforts to expand halal product exports, advance digital certification, and enhance international cooperation. Presidential Staff Office Chief Muhammad Qodari stated that…

Indonesia Accelerates Regional Growth of New Entrepreneurs

Indonesia continues to strengthen the role of small and medium-sized enterprises (SMEs) as a key pillar of national economic growth, with Deputy Minister of Industry Faisol Riza emphasizing that the rise of new entrepreneurs is directly lifting regional economies. He noted that entrepreneurship is not only about starting new ventures…

Indonesia Finalizes Export Duty Formula for Gold, Coal, and Mineral Commodities

Indonesia has completed a new export duty formula for coal, gold, and other mineral commodities as part of its strategy to strengthen state revenue and support downstream activities. ESDM Minister Bahlil Lahadalia explained that export duties will now follow global price movements, allowing the government to impose duties when prices…

Tourism as Indonesia’s Next Strategic Engine for Inclusive Growth

Indonesia approaches 2026 with strong confidence as stable economic fundamentals, controlled inflation, and expanding investment place the country among the world’s fastest-growing major economies. To sustain this momentum, Indonesia needs sectors that generate broad employment and promote regional equality—making tourism a vital engine of inclusive growth. More than a leisure…
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